$SNDK #Futures Trading
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0238% (longs pay, shorts receive)
Previous funding rate +0.0098% (longs pay, shorts receive)
Funding rate change +0.0141%
The funding rate paid by longs keeps rising, indicating that long positions are being built
Market makers may be hunting longs
Current price 1292.98
Trigger level 1270.00
Invalidation level 1403.02
Levels to watch 1215.40 / 1137.82
Market signals: Current funding rate +0.0238% (longs pay, shorts receive) / Previous funding rate +0.0098% (longs pay, shorts receive) / Funding rate change +0.0141% / The funding rate paid by longs keeps rising, indicating that long positions are being built / Market makers may be hunting longs
A sustained change in the funding rate indicates that positioning is leaning to one side. You can position yourself early to follow the move short; the invalidation level is the stop-loss level.
Short Alert | SNDK Funding Rate Change
Current funding rate +0.0238% (longs pay, shorts receive)
Previous funding rate +0.0098% (longs pay, shorts receive)
Funding rate change +0.0141%
The funding rate paid by longs keeps rising, indicating that long positions are being built
Market makers may be hunting longs
Current price 1292.98
Trigger level 1270.00
Invalidation level 1403.02
Levels to watch 1215.40 / 1137.82
Market signals: Current funding rate +0.0238% (longs pay, shorts receive) / Previous funding rate +0.0098% (longs pay, shorts receive) / Funding rate change +0.0141% / The funding rate paid by longs keeps rising, indicating that long positions are being built / Market makers may be hunting longs
A sustained change in the funding rate indicates that positioning is leaning to one side. You can position yourself early to follow the move short; the invalidation level is the stop-loss level.